Summary - Unit 3,St. Kenelm Court,Steelpark Road,HALESOWEN,B62 8HD B62 8HD
1 bed 1 bath Office
**Standout Features:**
- Freehold office investment opportunity priced at offers over £235,000.
- Current tenant, Sure Maintenance Ltd, in place until 2025 at £16,500/year, providing a yield of 6.85%.
- Built in 2006 with modern features including solid floor construction, suspended ceilings, and gas-fired heating.
- Six dedicated on-site parking spaces.
**Concise Summary:**
Explore a lucrative opportunity with this modern office investment at Unit 3 St. Kenelm Court in Halesowen. Currently generating a stable income from a long-term tenant, Sure Maintenance Ltd, this property guarantees a passing rent of £16,500 per annum until 2025, making it an attractive prospect for investors looking for reliable returns with a net initial yield of 6.85%.
The property spans 1,133 sq ft and boasts a contemporary design, featuring solid construction and ample natural light from large windows. Parking is plentiful with six allocated spaces, enhancing accessibility for clients and employees alike. Located in the thriving Coombswood Business Park, it benefits from proximity to major transport links and local amenities.
While the high crime rate in the area may be a consideration for some, the property’s solid rental track record provides reassurance. Additionally, with a long lease of 999 years on the ground floor, the potential for future strategies and business expansion exists. Don’t miss this opportunity to secure a foothold in Halesowen's business district—properties of this caliber, with established income, are rare to find!
Office for sale in 3, St Kenelm Court, Unit 3, St. Kenelm Court, Halesowen, B62 8HD, B62 — £235,000 • 1 bed • 1 bath • 2200 ft²
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